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Unformatted text preview: Companies and auditors are required to report all information a long with all paper trails are required to be up to date and as accurate as possible. If failure to comply with the act is committed, criminal penalties will be put into effect. (Greene) The Congress has made an attempt to try to make sure the people who purchase items, or even just invest into their business are comfortable and at ease with handing over their money to others. This act prevents any business of taking someones investment and causing a scam. (Greene) CAPSTONE DISCUSSION 3 References Greene, F. (n.d.). Compliance with Sarbanes-Oxley and SAS 94: The Critical Role of Application Security in Internal Control. Retrieved from http://www.nysscpa.org/committees/emergingtech/sarbanes_act.htm...
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- Fall '12
- Accounting, Greene, Sarbanes–Oxley Act, Capstone Discussion